r/ModCoord • u/untilIneedglasses • Feb 23 '24

And they reported a loss of 91 million in 2023.

https://www.thedailybeast.com/reddit-files-to-go-public-reveals-that-it-paid-ceo-dollar193-million-last-year
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u/BlatantArtifice Feb 23 '24

Ever since the blackout there's been far less posts on the entire site, with diminishing quality. Not surprised it's dying financially

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u/_Taco_Dragon Feb 24 '24

I was really hoping (and I still am) that Reddit would turn itself around. The all-around quality has undoubtedly dropped.

And they’re kidding themselves if they believe the new way of awarding posts/comments works. I rarely see any awarded posts.